cover image: Boosting SME Finance for Growth : The Case for More Effective Support Policies (English)

Boosting SME Finance for Growth : The Case for More Effective Support Policies (English)

30 Sep 2024

This report offers strategic and actionable guidance to policymakers in strengthening their access to finance policies for small and medium enterprises (SMEs). This report emphasizes the need to improve the enabling environment for SME debt and equity financing. It outlines a roadmap of eight key actions to guide policymakers in achieving this. While such reforms are necessary, they are often insufficient to fully address SME financing constraints. Targeted financial programs thus remain essential to bridge the financing gaps effectively. This report outlines seven actions to improve the design and implementation of these interventions to maximize their impact and the effective use of public funding. This report also underscores the importance of a tailored approach to address the distinct challenges faced by specific SME segments, particularly those of women-owned (and led) SMEs, SMEs in agriculture, SMEs in fragile and conflict-affected states, and those seeking financing for climate change adaptation and mitigation.
innovation climate change mitigation adaptation gender access to finance sme finance entrepreneurship capital markets enterprise development financial institutions private sector development financial inclusion labor demand labor markets financial sector development other world sme development social protection and labor finance for development msme finance msme development human development and gender jobs diagnostics financial infrastructure and access small and medium-sized enterprises and jobs self-employment and entrepreneurship agriculture finance public administration - financial sector technology and entrepreneurship firm-level employment analysis environment and natural resource management

Authors

Carvajal,Ana Fiorella, Didier Brandao,Tatiana

Organizations mentioned

Disclosure Date
2024/09/30
Disclosure Status
Disclosed
Doc Name
Boosting SME Finance for Growth : The Case for More Effective Support Policies
Pages
96
Product Line
Advisory Services & Analytics
Published in
United States of America
Rel Proj ID
1W-Guidance Note On Sme Financing -- P179005
TF No/Name
TF0C2811-F4D - Strengthening FCI Approach to SME Financing
Unit Owning
Prosperity-FCI-Finance-GD (EFNDR)
Version Type
Revised
Volume No
1

Table of Contents

Related Topics

All